₦airaland Forum

Come to think of it. Why aren't you taking advantage of the market prices and cash out on profit.

For example, one market, be it Luno or GTB sells Naira to people for 1515 Naira PER $, while another market, let say Coinmama for example, buys for 1595 Naira PER $.

If you calculate the profit per $, you will be making huge profits in just few minutes and fast fingers.

Also, the market is not stable, so you need to study the market and understand the trends, but above all, you will never loose your capital, only your interest will dwindle if there is wrong click.

Once made 576K in a day because my capital was small. But that was depositing naira into a trading account(I don't want to mention the name and I don't encourage you doing this) and withdrawing the money through Bitcoin. Then i sell the Bitcoin at a favourable amount without any single investment.

This is also similar to how dangote made money from CBN, he buys dollar at a lesser amount and sell/put to the market at a much higher amount to cash out. You need to learn to understand tiny opportunities in these things without having to Trade.

Once bought a PayPal fund for 1050 on Nairaland and had someone in America make the withdrawal and send me the money via Bitcoin. All these are opportunities to get something.





Disclaimer: I will not ask anyone to invest with me, if i do please report my username here. This is only for educational purposes only.


Just want to share this with you all.

Ringstonermasks:
Come to think of it. Why aren't you taking advantage of the market prices and cash out on profit.

For example, one market, be it Luno or GTB sells Naira to people for 1515 Naira PER $, while another market, let say Coinmama for example, buys for 1595 Naira PER $.

If you calculate the profit per $, you will be making huge profits in just few minutes and fast fingers.

Also, the market is not stable, so you need to study the market and understand the trends, but above all, you will never loose your capital, only your interest will dwindle if there is wrong click.


Just want to share this with you all.

I've seen this before and tried it. Its not as easy as you think it is.

There is a lot of stress involved and no little capital.

UniversalAngel:
I've seen this before and tried it. Its not as easy as you think it is.

There is a lot of stress involved and no little capital.

I do it and it very rewarding. Although a bit stressful. The stress is why people need me and you to run the investment for them on a favourable condition ofcos.

Arbitrage, it is not always the same as one would hear and practice.
I have tried crypto arbitrage, e no work, where you see "BUY rate" is more than the "SELL rate", where you see like one cent difference between all crypto exchanges. They get sense die, you no fit cheat them, they all are using the same crypto parity.
I am willing to learn from you, if you've really found a way around this...

flesxy:
Arbitrage, it is not always the same as one would hear and practice.
I have tried crypto arbitrage, e no work, where you see "BUY rate" is more than the "SELL rate", where you see like one cent difference between all crypto exchanges. They get sense die, you no fit cheat them, they all are using the same crypto parity.
I am willing to learn from you, if you've really found a way around this...

Disclaimer: I will not ask anyone to invest with me, if i do please report my username here. This is only for educational purposes only.

I can give you lessons only. My WhatsApp number is in my profile.

Ringstonermasks:
Disclaimer: I will not ask anyone to invest with me, if i do please report my username here. This is only for educational purposes only.

I can give you lessons only. My WhatsApp number is in my profile.

Same with me.

I prefer doing it on my own and not involve anyone cos Nigerians are quick to tag you names when anything go wrong without them bothering to learn.

Lol... Naira arbitrage of all things.
Huge capital, transaction charges... Nope.

Ringstonermasks:
I do it and it very rewarding. Although a bit stressful. The stress is why people need me and you to run the investment for them on a favourable condition ofcos.

Lol i still do it once in a while and I'm into more of crypto arbitrage.

Ringstonermasks:
Come to think of it. Why aren't you taking advantage of the market prices and cash out on profit.

For example, one market, be it Luno or GTB sells Naira to people for 1515 Naira PER $, while another market, let say Coinmama for example, buys for 1595 Naira PER $.

If you calculate the profit per $, you will be making huge profits in just few minutes and fast fingers.

Also, the market is not stable, so you need to study the market and understand the trends, but above all, you will never loose your capital, only your interest will dwindle if there is wrong click.

Once made 576K in a day because my capital was small. But that was depositing naira into a trading account(I don't want to mention the name and I don't encourage you doing this) and withdrawing the money through Bitcoin. Then i sell the Bitcoin at a favourable amount without any single investment.

This is also similar to how dangote made money from CBN, he buys dollar at a lesser amount and sell/put to the market at a much higher amount to cash out. You need to learn to understand tiny opportunities in these things without having to Trade.

Once bought a PayPal fund for 1050 on Nairaland and had someone in America make the withdrawal and send me the money via Bitcoin. All these are opportunities to get something.





Disclaimer: I will not ask anyone to invest with me, if i do please report my username here. This is only for educational purposes only.


Just want to share this with you all.

I know this particular platform where you see this prices.

Its my favourite go-to place for rates..

jose556:
Lol... Naira arbitrage of all things.
Huge capital, transaction charges... Nope.

Yeah, huge capital to see good gains to see good gains but transaction charges is not a big problem like you exclaim it to be.

Its not even an issue when you got good opportunities. Its just a part of the cost like blockchain fee is in crypto arbitrage too.

The profit covers all that. Every business has expenses aside capital input but what keeps you in the business is the gains and profit made.

flesxy:
Arbitrage, it is not always the same as one would hear and practice.
I have tried crypto arbitrage, e no work, where you see "BUY rate" is more than the "SELL rate", where you see like one cent difference between all crypto exchanges. They get sense die, you no fit cheat them, they all are using the same crypto parity.
I am willing to learn from you, if you've really found a way around this...

What type of crypto arbitrage did you do?

There are different types and triangular arbitrage is much more difficult than the inter-exchange arbitrage.

Don't be deceived, no 2 exchanges use the same crypto parity.

No 2 exchanges use the same rate just like no 2 betting bookmakers have the same odds and no 2 online traders have the same prices.

Arbitrage exist almost everywhere even in your street.

That's why traders have union to keep prices in check thereby dissolving arbitrage opportunities but no union exists online so note that.